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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Invinity Energy Systems Plc | IES | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.50 | -1.89% | 26.00 | 14:35:46 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 26.25 | 25.50 | 26.25 | 26.00 | 26.50 |
| Industry Sector |
|---|
| INDUSTRIAL ENGINEERING |
| Top Posts |
|---|
Posted at 24/7/2024 13:54 by colsmith The only real questions for IES are:- market size for BESS; bearing in mind the so called NZ pursuit most countries seem intent on; and wind/solar is intermittent; so probably a huge market. - is IES product a strong competitor for vanadium flow section of that market. I suggest IES is well placed to sweat the market assuming the fiscal aspect of their business is well controlled. |
Posted at 12/7/2024 08:56 by megaman2 It's some what of a chicken and egg for ies on a few fronts. To win large contracts c 300 MWh they have to show they have the manufacturing capability to deliver with the UK they are now addressing.Then there is the energy companies like above who are building systems to sell on or keep for their income stream. Companies like this want proven revenue models with historical data . As mistral is still to launch that data isn't and available they have stated one of the benefits of staking and part owning the batteries is they will have access to this very important data. Not sure what timescale is needed 1 year ..2 years it's probably subjective. From what I gather above this company have self funded this 300 MWh battery tied to a 6 gw energy investment. I saw they sold off a smaller investment . There are a number of energy companies set up to buy or build systems to sell or pay dividends to its shareholders . Once they can tap into this sort of funding arrangement it's game on. Just need the data to stack up when it's available . |
Posted at 17/6/2024 11:30 by smackeraim IES - Longspur Research note. FURTHER TRACTION IN NORTH AMERICA Invinity is seeing further traction in North America with a new sale of its VS3 flow battery in California for delivery this year. The 4MWh sale is to PowerFlex, part of EdF Renewables North America, and represents a second sale within the broader EdF Renewables group following the 5MWh Oxford Superhub deployment in the UK. In California, it follows the recent delivery of a the similar but larger 10MWh sale to the Viejas project. We see the deal as helping to derisk our revenue forecast for the year. 4MWh Sold in California The batteries are to be part of a micro-grid including the expansion of an existing solar PV array and will provide dispatchable, on demand power to the Harrah's Resort Southern California casino owned by the Rincon Band of Luiseño Indians. The project is funded by the California Energy Commission (CEC) and the batteries are expected to be delivered before the end of 2024. The CEC also supported the Viejas project and we see flow batteries as an ideal solution for California's PV market. Flow batteries can allow solar shifting of power generated from PV projects from the daytime to the evening period of peak demand. Strong Support for Long Duration Storage California is already seeing strong deployment of lithium-ion batteries, with 7.3GW of battery capacity deployed, more than any other US state. However, lithium-ion struggles to economically provide longer duration storage or high cycling, and this is where Invinity's flow batteries provide a solution. We see this as explaining the California Energy Commission's support and it is now one of the leading funders of long duration energy storage with US$140m provided in 2022/23 and with US$190m programmed in the 2023/24 State Budget. |
Posted at 17/6/2024 07:20 by wheeze Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, is pleased to announce a 4 MWh sale to PowerFlex, part of EDF Renewables North America. The batteries will be used in a California Energy Commission-funded solar microgrid project being undertaken by the Rincon Band of Luiseño Indians. How many of these sales will it take to turn this around? |
Posted at 02/5/2024 09:59 by 74tom Yesterday's news was fantastic if you believe in the long term story here. It's very rare to see a UK government body taking a significant equity stake. I believe that this is an early indication of labour taking a more aggressive approach to the UK's future energy strategy, and IES appears to be in pole position to become a national champion. IMO the £18m for LDES projects isn't a subsidy for IES, it's industry support in disguise. In my view, IES has been designated as an investment vehicle for UK LDES projects, and they will provide both the infrastructure & also get recurring revenue from the projects themselves.If this news makes you angry & irrational then you've simply chosen the wrong investment strategy for a company like IES. This investment derisks the bull thesis substantially & should be a chance to top up, not whinge about how much you paid back in 2021, in a completely different universe as far as funding goes. Remember Ceres Power hitting £16 on a 2055 DCF of royalty revenue?! They are now at £1.60. ITM at £7? Now at 50p. Both have exciting private partnerships which have done absolutely nothing for them. It's no good complaining about IES management, in revenue terms they've made more progress than those two companies put together. If IES does indeed become an LDES national champion then there should be significant value appreciation ahead. I'd say the chances of that happening are now multiples of what they were this time last year. Still high risk, so a small portfolio holding, but I'd imagine it will be attractive to a lot more investors now that it used to be. |
Posted at 01/5/2024 18:58 by mikemine1 Clearly IES sees a royalty pathway as an important aspect. I think this is aimed at areas outside the US and the UK. I could be wrong there. It would be a capital light expansion, accelerate growth and open up opportunities that are closed to them at the moment not to mention the additional revenue that this route would give them.Another route is the taking of a portion of projects themselves. Thats quite expensive I would have thought but it would lead to IES participating in any profits the project could be gaining by trading electricity as well as selling the electricity in the normal way. That could be very profitable. I think I've read that right but feel free to put me right if not. Clearly the fundraise will give IES more clout and add a confidence in the company that prospective customers would appreciate. If all goes to plan, IES could expand pretty quickly I reckon and become profitable in to the bargain. |
Posted at 30/4/2024 12:07 by mikemine1 I've been thinking about the money running out, a bit worried actually, but reading much about the growing, if not established, realisation that renewables need storage to make any sense, I am confident that IES will not just fold. There must be a growing awareness among funds that there is a huge opportunity for a multi-increase in storage and that means profits somewhere along the line. IMHO IES will seem a decent bet because of the reach it has obtained across many countries and the new generation that Mistral represents. I can't believe that IES will not get the financial backing it will need going forward, I remember Amazon going back lots of times for more money, it was years, to keep going while they were loss making.You would have had to have a strong faith in the concept and Bezos to keep backing the project but wouldn't you have done well. I'm not saying that IES will be valued like Amazon but the same principle applies I reckon. |
Posted at 26/4/2024 11:27 by hope1815 While researching IES I came across this 23 April 2024 -CleanTech Strategies Selected by U.S. Department of Energy to Advance Innovations in Flow Batteries, with Close Industry Collaboration- hxxps://www.streetin Reading the Article I find IES partners mentioned and projects on going which is pleasant to know. Happy Investing |
Posted at 15/4/2024 10:49 by mikemine1 Looking beyond today's RNS, if the negotiations are successful in the way IES indicate, what does that mean for IES and the SP? IMHO it means the Market would view IES as being safe from collapse at the very least and that would be very positive for the share price The danger of financial collapse is an ever present risk with these small loss making companies so to have the support of more established partners would lead to a re-rating of the share price Certainly some upfront money from said partners wouldn't hurt either.IES has a certain amount of manufacturing capacity already. Would they sell that on to one of the partners to get things moving quicker or would they retain it to develop their market themselves? Either way I can see money and security coming to IES without further dilution. It's all to play for. |
Posted at 09/2/2024 13:04 by greenmachine2 #5975 post Robertspc1. I share your scepticism of whom will provide the funding. I recall that robertspc1 indicated that they had sold a big chunk of their holding, maybe all of it, last year.Siemens-Gamesa are recovering from problems with quality of components with their wind turbines and surely will be cautious to fund much more of IES's Mistral. No directors of IES ever buy in the market outside of tiny sums in open offers. Lithium Iron Phosphate battery prices are falling further this year (2024) and they are more difficult catch fire with thermal runaway, unlike Li Ion ones. No new orders have been announced to the market from IES for some time and lots of MWh/MWh announcements are needed that are profitable for IES to have that reflected in a growing share price. Mechanisms for longer duration storage are still in the planning stages in the UK and elsewhere I believe. LDES and revenue stacking from different kinds of grid support for flow batteries is IES area for selling. Even grid congestion that is growing on many grids including UK has failed to inspire the siting of our batteries on any large scale as far as I can see. I am a shareholder with an averaged net buy price in the 4Op plus region. Some might say negative posts are not the thing to do if you own the stock, but reality of the risks of IES shares is important to consider. I sold my open offer (32p) shares at about 50p. I then bought more at 40p. Armed with my assessment of a range of considerations that I used to write this today, it would be difficult for me to justify buying even at the current price about 25p. |
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